Where does VC go from here?
There are some phenomenal products in some of the companies that were overfunded and are haunted by past decisions. The valuations at which these companies raised capital set them on the wrong path - a path that fails to attract and reward critical talent, a path that incentivizes excess expenditure for growth at the expense of structuring a... See more
Scott Belsky • The Great Sobriety for Venture Investing, Where To Start with AI, & Undeniable Data




The state of VC in 2023. Where we are, where we are going, and where to invest - here is the whole thing... https://t.co/dux39L3ODH https://t.co/SWs7rCa1sB
In venture, the conversation still treats fundraising as the milestone. But the history of enduring firms tells a different story. The ones that last weren’t simply raised. They were put in business.
Today, that distinction matters more than ever.
The traditional formation path is getting squeezed by two forces at once:
Capital concentration - where... See more
Today, that distinction matters more than ever.
The traditional formation path is getting squeezed by two forces at once:
Capital concentration - where... See more